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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2022 Q2 | Jul 13, 2022 | Pelican Bay Capital Management | -10.8% | -6.3% | CPRI, TOL, VZ | - | View | ||
| 2025 Q2 | Jul 11, 2025 | Pelican Bay Capital Management | 5.9% | 3.1% | BF/B, EXPE, SLB, VZ | Concentration, Intrinsic Value, Margin Of Safety, value, volatility | The commentary centers on concentrated value investing in high-quality businesses trading at steep discounts to intrinsic value. Management emphasizes margin of safety, balance-sheet strength, and recycling capital during periods of heightened volatility. Market stress is viewed as a key driver of future outperformance. | VZ BF/B SLB |
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| 2024 Q1 | Apr 15, 2024 | Mairs & Power – Growth Fund | 0.0% | 19.0% | CASY, NVDA, RHHBY, ULTA, VZ | - | View | ||
| 2023 Q3 | Oct 31, 2023 | The London Company Income Equity | 10.4% | 14.6% | AAPL, CCI, CVX, NOC, NSC, PAYX, PFE, PGR, TXN, VZ | - | View | ||
| 2023 Q3 | Oct 24, 2023 | Pelican Bay Capital Management | 2.7% | 14.6% | CPRI, FANG, GNRC, PXD, TRP, VZ | - | View | ||
| 2024 Q3 | Oct 16, 2024 | Third Point Partners | 3.9% | 14.0% | CNK, DSV DC, LUMN, VZ | - | View | ||
| 2022 Q3 | Oct 12, 2022 | Pelican Bay Capital Management | -4.7% | -10.7% | ATUS, BLDR, EOG, RSG, VZ | - | View | ||
| 2025 Q4 | Jan 24, 2026 | Miller Howard Investments Income-Equity Strategies | 15.6% | 15.6% | ABBV, C, COP, CSCO, EMN, ETR, GILD, GPS, GSK, HRB, HRL, JEF, JNJ, JPM, MPLX, MTB, PAYX, RF, STT, VICI, VZ | AI, dividends, income, productivity, value | AI represents a transformative technology that could drive step-change improvements in economic productivity. The manager believes AI's greatest impact will come from companies using it as an input to improve operations rather than those selling AI products. Many dividend-paying companies in labor-intensive industries could benefit significantly from AI adoption through process automation and efficiency gains. The portfolio focuses on high dividend yields approximately 3x the S&P 500, with strong dividend coverage ratios and projected dividend growth. Six companies increased dividends in the quarter, led by MPLX with a 13% increase. The strategy emphasizes collecting high and rising dividends while compounding real cash returns through disciplined reinvestment. The portfolio trades at significant discounts to the broad market, with P/E ratios 40-42% below the S&P 500. The manager believes many steady-growing companies are overlooked by markets focused on AI winners, creating opportunities in businesses with lower assumed margins and productivity that could benefit from AI adoption. | View | |
| 2025 Q4 | Jan 24, 2026 | Miller Howard Investments Infrastructure | -2.9% | 8.8% | AMT, CEG, LNG, MPC, NEE, NGG, PEG, SRE, T, TMUS, TRGP, UPS, VZ, XEL | Data centers, dividends, energy, infrastructure, nuclear, Utilities | The US nuclear industry is undergoing its most significant shift in decades with rising electricity demand, policy support, and emerging technologies creating foundation for long-term capacity expansion. The manager views companies with existing nuclear assets and restart plans as ideal investments with attractive risk/reward profiles. Rising electricity demand driven by data centers is a key growth driver, with hyperscalers signing multiple power purchase agreements for nuclear offtake. Data centers have power demands ranging from 50 MW to 2 GW and are willing to sign agreements at premium prices for nuclear generation. The portfolio offers high dividend yield over 2.5x the S&P 500 Index with strong prospects for dividend growth and ample coverage. Eight holdings announced dividend increases this quarter with an average increase of 9.5%. Policy support through the Infrastructure Investment and Jobs Act and Inflation Reduction Act has provided financial support and tax credits for nuclear development, putting it on level ground with wind and solar while creating a floor for existing nuclear fleet. | View | |
| 2025 Q4 | Jan 14, 2026 | Hardman Johnston International Equity | 4.3% | 0.0% | 0700.HK, 7011.T, AMZN, AZN, DTE.DE, GE, LDO.MI, MELI, NEX.PA, NVO, PRX.AS, PRY.MI, RHM.DE, SDZ, SIE.DE, STAN.L, TMUS, VZ, WEIR.L | AI, Asia, defense, Europe, financials, healthcare, international, Mining | The portfolio maintains exposure to defense companies like Rheinmetall AG despite short-term volatility from Ukraine-Russia peace deal speculation. Management sees structural shift toward increased defense spending across NATO and Asia Pacific nations after years of underinvestment. Visible growth stretches years into the future with strong orders, high backlogs, and political will to invest in national security. The manager acknowledges AI's long-term potential to drive productivity gains while remaining cautious about concentration risk. Companies involved in AI development remain attractively valued relative to growth trajectories, though excitement has stretched beyond IT sector into energy and utilities. The challenge is avoiding portfolios that appear diversified but are overly concentrated around AI themes. Sandoz Group benefits from strong biosimilar growth with streamlined U.S. regulatory guidance moving closer to EU model. This regulatory shift reduces development costs, enabling reinvestment into pipeline expansion and acceleration of future programs. The company plans to launch generic semaglutide in Canada in 2026 as a test case for larger global opportunities. The global mining cycle remains supportive with capex momentum improving after years of troughing, underpinned by elevated commodity prices. Weir Group was initiated as a new position, benefiting from high aftermarket exposure and secular demand drivers in copper and gold. The company is well positioned whether capex flows to greenfield or brownfield projects. Standard Chartered's Wealth Management platform has taken share from competitors and benefits from expanding assets under management. This business contributes to rising fee income that diversifies the bank away from traditional net interest income. Rising wealth in key Asian, Middle Eastern, and African markets with strong demographic growth supports the trajectory. | DTE GR NEX FP WEIR LN MELI 7011 JP RHM GR STAN LN AZN SDZ SW |
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| 2024 Q3 | Sep 30, 2024 | Aristotle Value Equity Fund | 6.3% | 12.3% | ADSK, AIG, BX, MCHP, VZ | - | View | ||
| 2023 Q3 | Sep 30, 2023 | Mairs & Power – Growth Fund | 0.0% | 19.0% | TTC, VZ | - | View | ||
| 2024 Q2 | Jul 22, 2024 | The London Company Income Equity | 10.4% | 14.6% | AAPL, FAST, LOW, NSC, NSRGY, NTDOY, PM, TEL, TXN, VZ | - | View | ||
| 2023 Q2 | Jul 19, 2023 | The London Company Large Cap | 8.1% | 14.6% | ALB, KMX, MLM, ORLY, PGR, RSG, SBUX, TXN, VZ | - | View | ||
| 2025 Q1 | Apr 14, 2025 | Parnassus Core Equity Fund | -2.4% | -2.4% | AMD, AMZN, AVGO, AZO, BRO, CI, CRM, DE, DHI, ICE, MAR, SNPS, VZ, WM | - | View | ||
| 2025 Q1 | Apr 14, 2025 | Parnassus Value Equity Fund | -2.0% | -2.0% | A, ALGN, AMD, AMZN, AVGO, BIO, CI, DE, GILD, GOOG, JPM, PGR, ROST, VZ | - | View | ||
| 2023 Q3 | Mar 10, 2023 | Ariel Global Fund | 6.9% | 0.0% | BAP, BC51 GR, DLG LN, GSK, ML FP, RHHBY, VZ | - | View | ||
| 2023 Q4 | Jan 31, 2024 | Ariel Global Fund | 6.9% | 0.0% | BIDU, BMY, CNH, DSN0 GR, FUH0 GR, INTC, KB, O2D GR, TFC, VZ, WIZZ LN | - | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Feb 2, 2026 | Seeking Alpha | Seeking Alpha | Verizon Communications Inc. | Telecommunications | Wireless Communications | Bear | New York Stock Exchange | AI investment, broadband, cost-cutting, dividend yield, Frontier Communications acquisition, Revenue Growth, stock buyback, telecommunications, Verizon Communications, wireless services | View Pitch |
| Jan 24, 2026 | Seeking Alpha | Seeking Alpha | Verizon Communications Inc. | Telecommunications | Integrated Telecommunication Services | Bull | New York Stock Exchange | debt management, dividend yield, EBITDA, Free Cash Flow, income investment, telecom services, telecommunications, undervalued, Verizon | View Pitch |
| Jan 22, 2026 | Seeking Alpha | Seeking Alpha | Verizon Communications Inc. | Telecommunications | Wireless Telecommunications | Bull | New York Stock Exchange | CEO transition, customer-centric growth, debt management, Free Cash Flow, high dividend yield, market skepticism, profitability, Strategic Transformation, telecommunications, valuation | View Pitch |
| Jan 8, 2026 | Fund Letters | Tyler Hardt | Verizon Communications Inc. | Communication Services | Integrated Telecommunication Services | Bear | New York Stock Exchange | Earningspressure, leverage, Pricing, Telecom, Value trap | View Pitch |
| Jan 8, 2026 | Fund Letters | David MacNicol | Verizon Communications Inc. | Communication Services | Integrated Telecommunication Services | Bull | New York Stock Exchange | dividend, Free Cash Flow, guidance, Telecom, valuation | View Pitch |
| Dec 4, 2025 | Seeking Alpha | Seeking Alpha | Verizon Communications Inc. | Telecom Services | Bull | Chowder number, Dividend Growth, high yield, income stock, investment thesis, P/E ratio, shareholder value, stable income, telecommunications, Verizon | View Pitch | ||
| Dec 2, 2025 | Seeking Alpha | Seeking Alpha | Verizon Communications Inc. | Telecom Services | Bull | broadband, cash flow, Dan Schulman, debt profile, dividend yield, growth potential, network infrastructure, telecommunications, Verizon, wireless services | View Pitch | ||
| Nov 9, 2025 | Seeking Alpha | Seeking Alpha | Verizon Communications Inc. | Telecom Services | Bull | 5G, broadband, cash flow, Dan Schulman, debt management, dividends, Frontier acquisition, investment grade, telecommunications, Verizon Communications | View Pitch | ||
| Oct 28, 2025 | Seeking Alpha | Seeking Alpha | Verizon Communications Inc. | Telecom Services | Bull | 5G, analyst projections, Beta, Connectivity, dividends, Regulation, target price, telecommunications, Verizon, Volatility | View Pitch | ||
| Aug 13, 2025 | Seeking Alpha | Fredrik Arnold | Verizon Communications Inc. | Communication Services | Telecom Services | Bull | NYSE | — | View Pitch |
| Aug 13, 2025 | Seeking Alpha | Daniel Jones | Verizon Communications | Communication Services | Telecom Services | Bull | NYSE | — | View Pitch |
| Aug 8, 2025 | Seeking Alpha | Rick Orford | Verizon Communications Inc. | Communication Services | Telecom Services | Bull | NYSE | — | View Pitch |
| Aug 7, 2025 | Seeking Alpha | Fundamental Options | Verizon Communications Inc. | Communication Services | Telecom Services | Bull | NYSE | — | View Pitch |
| Aug 7, 2025 | Seeking Alpha | Livy Investment Research | Verizon Communications Inc. | Communication Services | Telecom Services | Neutral | NYSE | — | View Pitch |
| Aug 7, 2025 | Seeking Alpha | Quad 7 Capital | Verizon Communications Inc. | Communication Services | Telecom Services | Bull | NYSE | — | View Pitch |
| Aug 7, 2025 | Seeking Alpha | Danil Sereda | Verizon Communications Inc. | Communication Services | Telecom Services | Bull | NYSE | — | View Pitch |
| Manager Name | Fund Name | Fund AUM | Invested Value | Portfolio Weight | Shares Owned | Shares Bought / Sold During Quarter | % Bought / Sold During Quarter | % of Shares Outstanding Owned |
|---|---|---|---|---|---|---|---|---|
| No investor data available. | ||||||||